Month: March 2025

The Small Business Administration’s (SBA) charge-off rates, which represent the percentage of unpaid principal balance that has been written off as uncollectible, have shown a significant improvement over the past decade. The data reveals that charge-off rates peaked in 2015 at 1.69%, followed by a steady decline through 2020. Between 2014 and 2015, there was … Read more

The Small Business Administration’s charge-off amounts show significant fluctuation over the ten-year period from 2014 to 2023. The data reveals a notable peak in 2015, when charge-offs reached $1.837 billion, followed by a gradual decline in subsequent years. After 2015, there was a sharp downward trend, with charge-offs dropping to $803 million in 2017 and … Read more

The Small Business Administration (SBA) loan data for 2023 reveals that service-oriented industries dominated lending activity. Accommodation and Food Services topped the list with 8,504 loans, likely reflecting the continued recovery and expansion of restaurants and hospitality businesses post-pandemic. Construction followed closely with 8,148 loans, indicating strong growth in building and development sectors. Retail Trade … Read more